Urban Partnership Bank is selling its branch in Stone Park to a unit of Wintrust Financial, the latest move in the Chicago community bank's bid to scale back the sprawling enterprise built by failed predecessor ShoreBank.

had in South Shore to low-income neighborhoods in other cities and even Third World countries. At its largest, ShoreBankCorp. had about $2.7 billion in assets and banking operations in Chicago and its suburbs, Detroit, Cleveland and

million of College Illinois funds directly into two privately held firms, Chicago-based urban community lender ShoreBankCorp. and Fisker. ShoreBank failed in 2010, erasing that $12.8 million investment. And ISAC recently wrote off the

to Cook County records. In 2007 the venture refinanced the property with an $11 million loan from now-defunct ShoreBankCorp., property records show. A spokesman for Urban Partnership Bank, the successor to ShoreBank, declined to say

riding on the outcome of his efforts. It's in Crain's Liquidation plans detailed in bankruptcy documents of failed ShoreBankCorp. show J. P. Morgan Chase & Co. will get 78 cents on the dollar on $12.3 million ShoreBank owes it, the FDIC

bankruptcy liquidation plan. Under the plan, which ShoreBankCorp. filed Jan. 31 in U.S. Bankruptcy Court in Chicago ..... 703,000, of the $3.7 million they're owed by ShoreBankCorp. The big losers are the holders of $39.1 million